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ale4655 [162]
4 years ago
11

Angie asks her grandmother over the phone, "do you like the color of my new shirt that i'm wearing now?" this is an example of

Business
1 answer:
NeTakaya4 years ago
3 0
<span>This is an example of egocentrism. Angie does not understand or care about her grandmother's perspective- that of course, her grandmother has no way of knowing what the color of her new shirt is. To Angie, the only perspective that matters is her own. She is the center of her world.</span>
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Mettel Products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $
Cerrena [4.2K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Mettel Products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $40 each. The distributors’ margins are 25%. Mettel Products’ cost of goods sold is $10.00 each. Mettel’s total variable costs (including selling costs) are $15.00 per drive.

Selling price= 40/1.25= $32

A) Gross margin= 32 - 15= 17

%= 53%

B) Mettel is considering increasing its annual advertising spending from $75,000 to $150,000.

Break-even point= fixed costs/ contribution margin

Break-even points= 150,000/17= 8,824 units

C) Break-even points= 75,000/14= 5,357 units

7 0
3 years ago
Speculative investments are high-risk investments with the possibility of high returns in a short period of time.
bixtya [17]
<span> <span>True. Risk in investment can be defined as the possibility that the investor may lose a big portion or all of the initial investment or make very high returns in a short period. Risk which is often likened to volatility dictates that the higher the volatility the higher the chances of returns. Speculative investments such as leveraged ETFs(commodities such as gold, oil, silver), options, venture capital trusts are considered high risk and often so offer handsome returns or cost the investor all or even more of their initial capital. It is however important to note that high risk does not automatically translate into high returns. The intrinsic value of the investment vehicle among other factors need to be considered in depth to determine if the investment is worth the risk</span></span>
8 0
3 years ago
Read 2 more answers
Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000
hram777 [196]

Answer:

do not Install guard rail because the guard rail cost exceed the expected benefits

Explanation:

given data

guard rail cost = $70,000

average damage = $10,000

guard rail  prevent = 5 vehicles

to find out

What should the county do

solution

we know here guard rail cost  is  $70,000

but expected benefits = $10,000 × 5

expected benefits = $50,000

so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits

5 0
3 years ago
are developing strategic plans to address plausible future situations like rise in the prices of cotton and synthetic fabrics by
DedPeter [7]

Answer:

Scenario planning approach

Explanation:

Scenario planning is a method used by organizations or businesses to make long term projections. It is also used when making strategic plans for the progress of the organization.

In scenario planning, assumptions about the future of an organization or business are made. These assumptions are aimed at discovering the possibility of that business to thrive under different economic and environmental conditions, and how the business can adapt to cope well with these changes.

For example, farmers use different assumptions or scenarios based on the weather to foretell how the harvest season will be. This guides them on whether to or not to make future investments and helps them to estimate what their sales could be.

3 0
3 years ago
Sommer Corporation began the year with cash of $130,000 and land that $55,000. During the year Sommer earned service revenue of
kirza4 [7]

Answer:

How much net income (or net loss) did Sommer experience for the year?

$11000

Explanation:

earning                  280000

Expenses salaries  159000

Expenses rent           85000

Expenses Utilities   25000

Net Income             11000

4 0
3 years ago
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